ADVICE AS: årsregnskap 2013 vs 2012
Grew 88% on revenue, cash halved-plus
approved 2014-05-05; registry 2014-08-05; journal 2014 628473
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVICE AS. Revenue 60.0k NOK → 112.9k NOK (+88.1%). Equity 8.67m NOK → 4.68m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 60.0k NOK to 112.9k NOK (+88.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 8.67m NOK → 4.68m NOK (equity ratio 95.1% → 98.6%). Calculated
-
↓
Cash fell
Bank deposits 3.97m NOK → 1.46m NOK (-63.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.97m NOK → 1.46m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 6.74m NOK → 2.70m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 2 NOK → 43.0k NOK (0% → 38% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 135.6k NOK → 60.0k NOK. Reported fact